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Four in 10 mortgage holders have no life cover.
A total of 43% of mortgage holders in Britain do not have their mortgage payments protected by life insurance, according to data from a major life insurer.The findings suggest that there are over 7.1 million people with a collective outstanding mortgage balance of £318bn who have no life insurance and mortgage protection to cover this.
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Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up with repayments on your mortgage
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